Palace Capital completes return of £20.8 million by way of Tender Offer
July 2025
Palace Capital is a UK-focused property investment firm listed on the main market of the London Stock Exchange. The company has a carefully selected portfolio across the UK and diversified by location, sector and tenant, in order to limit risk and capitalise on rental growth dynamics.
Palace Capital plc started life as Secure Ventures (No. 4) plc in January 2005 and was admitted to AIM in March 2005 as Libra Retail plc after it was demerged from Safeland plc. Following its change of name to Palace Capital in 2010, the company was admitted to the premium listing segment of the Official List of the UK Listing Authority and to trading in the London Stock Exchange plc’s main market in March, 2018.
Today, Palace Capital sees particular value in university towns and cities with good infrastructure such as major road arteries and fast rail links because urbanisation and population growth drive demand for commercial space.
Tender Offer
On 31st July 2025, the Company announced the launch of the Tender Offer and on 28th August further announced the successful completion by purchasing the maximum possible 8,667,761 of its own shares at a tender price of 240 pence per share, making the total value returned to shareholders approximately £20.8 million.
The Perivan shareholder communications team were delighted to work with Deutsche Numis, who acted as Broker and CMS Cameron McKenna Nabarro Olswang, who acted as Legal Adviser to the documentation which was successfully produced and posted to qualifying shareholders on the 31st July, 2025.
Perivan specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies and are a market leader for the production of documentation relating to corporate finance transactions.